Indonesia Inflation Update to Keep Bond Market Steady

By administrator | October 3, 2016 | Economy.

The Statistic agency will announce the consumer price inflation on late Monday (03/10) whereas the consensus expecting the September’s inflation to rise modestly to 3.04% from 2.79% in the preceding month. This inflation update will put this year inflation to hover at the Bank Indonesia (BI)’s target range of 3-5% this year. We see the opportunity for the yields to remains in its downward trend next week amid the release of CPI inflation yet the space for the yield to decline further is wide open given the absence of bold negative sentiment in the market.

Indonesia Market to Stay Steady on Fed Relief

Asian Market Selling Action

Bond Market Traded Mixed Amid Foreign Reserve Data

Chandra Asri Issue Bonds IDR500Bn

Indonesia Bank Sulselbar’s Rating Upgraded to A+

Market attention likely to still keep focusing on tax amnesty program as this program will enter into the second period with its penalty rate for non-repatriated asset will be rising to 4% from 2% in the first period.  We expect the yield on 10y benchmark may again reach its lowest point this year at 6.75%, which is only 20bps lower from Friday’s yield of 6.98%. This yield decline will be supported by our expectation that tax amnesty will continue to show positive progress over the remaining 6 months and also continued positive outlook in the economy with the CPI inflation will remain low until the of this year that will further supporting the BI to deliver further easing.

Bank Indonesia Expects CAD Increase by 44%

Non Tax Revenue Reaches 64% of 2018 Target in 1H18

Ministry of Energy and Mineral Resources Predicts to Account 49.64% of Non-Tax State Revenues in FY17

During Asian Games, Telkomsel’s Payload Data Rose 44%

Hexindo’s Heavy Equipment Sales Increase 13.4% in 1Q18




December 2021

Subscribe To Access Our Article

Translate »
Copy Protected by Chetan's WP-Copyprotect.